Tag Archive: Lessons

November 16, 2014

Lesson 1: Trading is Decision-Making

Expanding on the piece “Seven Lessons That I’ve Learned” , here is a discourse on Lesson 1: Trading is Decision Making. It’s about how we can take our trading to the next level by focusing on making good decisions. Here’s the original article:  http://www.smbtraining.com/blog/lesson-1-trading-is-decision-making

September 18, 2014

Video Classes on Psychology and Process

In partnership with SMB Capital, I have filmed a series of classes on different trading topics, including: – Visualization -Managing Emotions – A Probabilistic Framework – The Power of Habits You can find snippets from the classes on this archive page These videos offer a sneak preview of the Peak Performance Trading and Investing Course.

September 8, 2014

What A Billionaire Can Teach Us About Risk

Howard Marks, the billionaire chairman of Oaktree, has a phenomenal track for creating wealth. He is also known for writing insightful commentary about markets and investing. His recent letter, “Risk Revisited”, stands out as an extraordinary missive on the nature of risk. When read together with his original letter, “Risk”, we can explore many topics […]

August 5, 2014

Better Lucky Than Good?

“Better lucky than good” How often have we heard this expression? In some ways, it’s quite funny: we assume that luck can’t be taught and skills can, so we’d prefer to have luck and learn the skill part later. I find it interesting in a trading context, because most would prefer to possess just true […]

July 24, 2014

“Does Your Fund Have A Process?” – Trader’s Magazine

Trader’s Magazine has published the latest in my Hedge Fund Series, entitled “Does Your Hedge Fund Have a Process” http://tradersonline-mag.com/01_ezine/01_traders/en/2014/08/#12   This is a reworked version of an earlier article, which you can read here…   http://howoftrading.com/blog/2013/10/14/hedge-fund-investment-process/